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Waiting game for Shell and BP: If there must be a merger, it must be an all-British one, says ALEX BRUMMER

Waiting game for Shell and BP: If there must be a merger, it must be an all-British one, says ALEX BRUMMER

BP, then led by Lord John Browne, swallowed American giants Amoco for S48.2bn in 1998 and Arco (Atlantic Richfield) for $26.8bn in 2000.

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